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waiting on the other key swing states, iowa and nevada remain too early to call. north carolina, ohio, virginia, florida, colorado, too close to call. the senate, mostly breaking as expe expected, but the democrats did pick up three new seats. republicans projected to hold the house as well. >> all right. let's get straight to john harwood at the maproom to give us more color on what we're seeing as the most recent poll closings. over to you, john. >> we're almost completely closing the map of coloring in the map of all the states we knew in advance where they were going to faull. the only state where polls have not closed yet is the state of alaska. we're very confident mitt romney is going to win that based on polls before the election. so we're really waiting for those seven battleground states that haven't been filled in yet. again, to reiterate, as we've talked about before, if president obama wins the state of florida this race is over. he's going to be re-elected for a second term. but if mitt romney wins it, he's got to also win north carolina, he's got to win virginia, where
to disrupters.cnbc.com. >>> up next, our next stop is nevada, home of harry reid and home of the oldest profession. >> mustang ranch. >> why the folks at the mustang ranch are worry about the fiscal cliff. >>> and later former federal reserve chairman paul volcker speaks exclusively with "squawk box" about solving the fiscal cliff. >>> also at the top of the hour, former white house council economic provider greg mankiw. from currency trading for a few to a currency market for everyone. the potential of fxcm unlocked. nyse euronext. unlocking the world's potential. the potential of yelp unlocked. nyse euronext. unlocking the world's potential. >>> welcome back, everybody. secretary treasurer time dpiet nev geithner is going to be speaking today. majority leader eric cantor, house bunt committee chairman paul ryan and the chairman of the house is tax's ways and mean committee, also lunch with republican senate minority leader mitch mcconnell and nancy pelosi. he has a pretty full schedule today. >>> yesterday a number of high-profile corporate leaders met with president obama at the whit
about these mlps, i am not. i think it's a buy. let's go to mark in nevada. mark. >> caller: hi, jim. how are you today? >> real good. how about you? >> caller: not bad, other than the 300-point loss. we're about 80 degrees out here. >> you have the edge on me. go ahead. >> caller: okay. well, question on two retail stocks i don't own. jcpenney and sears, they have a lot in common. i don't understand. penney's has had a good run up in share price. they both lose money. they both have negative short sales. and, my opinion, i think their business mounds are a little flat, but they do own part of the real estate. are they overvalued? and the big question is what would the share price be of each company if you just base it on the value of the real estate? >> you have to believe that retail is going to really come roaring back more than it has. i want to avoid both of them. i don't think hereto -- either one is what you need. let's stay away from both of those and stick with quality. let's go to thelma in north carolina. >> caller: hi, jim. how you doing? >> all right, thelma. how about y
of bad mortgage debt. here in arizona, a full 50% of houses are underwater, and next door in nevada, it's even worse. 65% of houses there are drowning, and the water's rising. and it's not just the southwest. more than 11 million homeowners across the country are underwater. it's estimated that number could double in the next year, which means nearly half of all american mortgage holders will owe more on their homes than those homes are currently worth. >> we've been through an event that none of us have ever experienced in this country since the depression. >> to try to stem the tide of foreclosures, the commissioner of the federal housing administration, david stevens, says the obama administration has set aside billions to give banks the incentive to help struggling and underwater borrowers with their mortgages. but banks have been slow to modify the terms of those loans. >> the fact of the matter is, these programs are designed to affect those who are most at risk, who are unable to make their payments, and it does require the investor, the servicer, to participate. >> the decision
Search Results 0 to 3 of about 4